Paul Hogan syndicate to pay $21m for Brisbane's Queen's Arms Hotel
A new $100m hotel syndicate, headed up by Nick Politis and Peter Ashelford, is set to pay $21 million for Brisbane's Queen's Arms Hotel, along with former Crocodile Dundee star, Paul Hogan.
Iconic Perth nightclub sells for first time in 34 years
CBRE Hotels’ Chloe Mason has sold the freehold going concern, including the attached Nightclub licence of The Library Nightclub in Northbridge for $4.6 million marking the end of Perth hospitality company Entertainment Enterprises' 34-year connection with the iconic venue.
The HotelsWorld 2017 ‘Deal of the Year’ winner is...
iProsperity won the prestigious “Hotel Deal of the Year” award at the recent HotelsWorld 2017 conference for the acquisition of Novotel Glen Waverley, brokered by Colliers International.
‘Hybrid’ tourism parcel sale sets benchmark in thriving Port Macquarie demand hotspot
Local development companies Lloyd Coastal Property and Bannister Constructions have sold the Palm Court Motor Inn, negotiated by James Carrick of national accommodation specialists, Resort Brokers Australia.
Mantra Group acquires Art Series Hotel Group for $52.5m
Tim Crooks and Trudy Crooks from Resort Brokers Australia have brokered the acquisition of the Art Series Hotel Group by Mantra Group for $52.5 million.
CEL makes foray into Australian hotel market with The Sebel Mandurah
Singaporean owned CEL Australia has purchased The Sebel Mandurah – a 4.5 star waterfront hotel in Perth’s southern suburbs – for $15 million, brokered by CBRE Hotels, in conjunction with JLL Hotels and Hospitality Group.
Finbar announces $12.5m Perth serviced apartment sale to ZACD Group
ASX-listed Western Australian developer, Finbar Group Limited, has announced the sale of 64 studio apartments at its Aire West Perth development to Singaporean-based ZACD group.
New owner toasts acquisition of North Sydney's Greenwood Hotel
The Balmain Pub Group (BPG) has sold its leasehold interest in the iconic Greenwood Hotel in North Sydney for just over $10 million to well-known Sydney hotelier Simon Tilley.
JLL Hotels & Hospitality Group sells Four Seasons Resort Bora Bora
Developer Thierry Barbion and Alatau Hospitality, an investment fund of Lancaster Group Kazakhstan led by Kassym Abzhanov, sold the resort to a private equity hospitality fund led by Gaw Capital.
